1606 S Greer StCordeleGA31015
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cordele at 1606 S Greer St, Cordele, GA, 31015 listed at $265,000 pairs $982/mo rent with a $1,297/mo payment. Total monthly income runs $982/mo. Return on cash invested measures 11.29% in year one, and rental yield registers 4.45% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 56.54% and total cumulative return in cash totals $49,671. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $982/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Housing Distribution
Address Breakdown
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
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